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Supporting your children with their physical, emotional, social, financial and intellectual development from a young age is critical before they mature into adulthood.
Getting life insurance usually is straightforward. You are advised to do as much research as possible and gather quotes from different insurance companies to learn what is most suitable for you and your lifestyle.
The impact of COVID-19 on South Africa’s life insurance industry is becoming clearer as individual life insurers update shareholders on their death claim experiences during pandemic. Statistics from the Association for Savings and Investment South Africa (ASISA) reflected a 36.7% surge in death claims across the sector last year, with members of the association reporting 434216 death claims last year compared to 317442 in 2019. The surge in number of death claims has put many financial services providers (FSPs) under pressure.
A common and unfortunate misconception is that investing is for the rich and that building wealth requires a sizeable amount of money, according to Darius van der Walt, actuary and member of the Investments Committee of the Actuarial Society of South Africa (ASSA).
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?